Moody's downgrades US credit rating due to rising debt

Moody's downgrades US credit rating due to rising debt

Rising debt and no concrete plans to reduce government spending are the primary drivers behind the reduced credit assessment for the US. Moody’s credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness. According to…

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Bitcoin is a matter of national security — Deputy CIA director

Bitcoin is a matter of national security — Deputy CIA director

Deputy CIA director Michael Ellis’ comments reflect Bitcoin’s maturation as an asset but conflict with the cypherpunk philosophy. The US Central Intelligence Agency is increasingly incorporating Bitcoin (BTC) as a tool in its operations, and working with the cryptocurrency is a matter of national security, Michael Ellis, the agency’s deputy director, told podcast host Anthony…

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Crypto industry is not experiencing regulatory capture — Attorney

Crypto industry is not experiencing regulatory capture — Attorney

Transparency, panel hearings, and public input are critical for healthy crypto regulations, attorney Brandon Ferrick told Cointelegraph. Brandon Ferrick, general counsel at Douro Labs, said that the Securities and Exchange Commission’s (SEC) openness to public input on crypto policy and their roundtable discussions are positive signs that the crypto industry is not currently experiencing regulatory…

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